Ciena profit margin CIEN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 10.9%
- Operating margin, 12 months
- 12.3%
- Net margin on a year earlier
- +7.8 pts
- Peer median
- 19.2%
Over the twelve months to Aug 1, 2026, Ciena kept 10.9% of its revenue as net profit, with an operating margin of 12.3% and a gross margin of 44.1%.
Five years earlier its net margin was 13.5%.
The median for 7 communication equipment stocks of a similar size is 19.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 2.6% | 4.1% | 42.0% |
| FY2024 | 2.1% | 4.1% | 42.8% |
| FY2023 | 5.8% | 8.2% | 42.8% |
| FY2022 | 4.2% | 6.1% | 43.0% |
| FY2021 | 13.8% | 13.7% | 47.6% |
| FY2020 | 10.2% | 13.8% | 46.8% |
| FY2019 | 7.1% | 9.7% | 43.2% |
| FY2018 | −11.1% | 7.4% | 42.5% |
| FY2017 | 45.0% | 7.7% | 44.5% |
| FY2016 | 2.8% | 6.0% | 44.7% |
| FY2015 | 0.5% | 4.1% | 44.0% |
| FY2014 | −1.8% | 2.0% | 41.4% |
| FY2013 | −4.1% | −0.1% | 41.5% |
| FY2012 | −7.9% | −4.4% | 39.5% |
| FY2011 | −11.2% | −9.4% | 40.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 10.9% | +7.8 pts | 12.3% | |
| Q2 FY26 | 7.9% | +5.4 pts | 9.2% | |
| Q1 FY26 | 4.5% | +2.5 pts | 6.0% | |
| Q4 FY25 | 2.6% | +0.5 pts | 4.1% | |
| Q3 FY25 | 3.1% | −0.3 pts | 5.4% | |
| Q2 FY25 | 2.5% | −1.2 pts | 4.7% | |
| Q1 FY25 | 2.0% | −3.3 pts | 4.0% | |
| Q4 FY24 | 2.1% | −3.7 pts | 4.1% | |
| Q3 FY24 | 3.4% | −1.8 pts | 4.9% | |
| Q2 FY24 | 3.7% | −1.3 pts | 6.0% | |
| Q1 FY24 | 5.2% | +0.5 pts | 8.2% | |
| Q4 FY23 | 5.8% | +1.6 pts | 8.2% |
Against its peers
Companies in Communication Equipment nearest Ciena's size, closest first, today.
| Company | Profit margin |
|---|---|
| CIENCiena | 10.9% |
| UIUbiquiti | 29.3% |
| LITELumentum | n/m |
| MSIMotorola Solutions | 17.4% |
| ZBRAZebra Technologies | 9.2% |
| FNFabrinet | 10.2% |
| ESEEsco Technologies | 24.4% |
| CSCOCisco Systems | 21.0% |
| Peer median | 19.2% |
Where Ciena ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Ciena
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.